Suchergebnisse

ABSTRACTMany studies have claimed that the stable‐Paretian distribution should be used to model a wide variety of financial variables, ranging from stock and futures prices to exchange rates. Using a newly developed method, this study shows that the stable distribution is unsuitable for modeling most financial variables that are stable‐distributed. We found that the distributions of a few accounting ratios may be stable. Our conclusions support a change in the future directions of financial‐variable modeling.

"Naval Education and Training Command"--Cover. ; "Training manual (TRAMAN)"--Cover. ; Shipping list no.: 92-47-P. ; "NAVEDTRA 12047." ; Spine title: Military requirements for CPO. ; Includes bibliographies and index. ; Mode of access: Internet.